Last update: Oct 2026

Cost of Living Comparison Between Belgrade and Herceg Novi

For one person, living is cheaper in Herceg Novi: $1,257 a month against $1,574 in Belgrade, rent and utilities included – about $3,800 less a year. Rent and utilities account for most of the difference.

76

Cost of Living Index in Belgrade
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Belgrade Living Index
61

Cost of Living Index in Herceg Novi
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Herceg Novi Living Index

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Belgrade

🇷🇸 Serbia

$1,574

/mo nomad

Herceg Novi

🇲🇪 Montenegro

$1,257

/mo nomad

Monthly Cost of Living

How much you'll spend in Belgrade and in Herceg Novi

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Belgrade and in Herceg Novi actually costs, broken down by who's living it.

A single person spends $1,574 per month in Belgrade vs $1,257 in Herceg Novi, rent included.

Belgrade $1,574
Herceg Novi $1,257

A couple spends around $2,376 per month in Belgrade vs $1,997 in Herceg Novi, rent included.

Belgrade $2,376
Herceg Novi $1,997

A family of three spends $3,178 per month in Belgrade vs $2,737 in Herceg Novi, rent included.

Belgrade $3,178
Herceg Novi $2,737

Belgrade costs about 25% more than Herceg Novi, and outside of rent the biggest gap is in clothing.

Belgrade sits 16% above the global median, while Herceg Novi is 7% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.44 RSD 1,401

$11.23 €9.99

19.68%

Three-Course Dinner for Two, Mid-Range

$57.8 RSD 6,029

$36.29 €32.28

59.38%

Fast Food Meal (McDonalds, etc)

$13.23 RSD 1,380

$9.16 €8.15

44.43%

Cappuccino

$3.10 RSD 323

$2.65 €2.36

16.98%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.73 RSD 285

$2.50 €2.23

9.20%

Water (0.33 liter bottle)

$2.31 RSD 241

$1.63 €1.45

41.72%

Local Beer (0.5 liter draught)

$3.54 RSD 369

$2.84 €2.53

24.65%

Imported Beer (0.33 liter bottle)

$4.13 RSD 430

$3.34 €2.97

23.65%

Milk (1 liter)

$1.45 RSD 151

$1.20 €1.07

20.83%

White Bread (500g)

$1.18 RSD 123

$1.01 €0.90

16.83%

Rice (white) (1kg)

$2.61 RSD 272

$2.93 €2.61

-10.92%

Eggs

$2.78 RSD 289

$2.98 €2.65

-6.71%

Local Cheese (1kg)

$11.23 RSD 1,171

$9.02 €8.02

24.50%

Chicken Fillets (1kg)

$6.72 RSD 701

$7.43 €6.61

-9.56%

Beef Round Steak (1kg)

$15.22 RSD 1,586

$12.99 €11.56

17.17%

Apples (1kg)

$1.59 RSD 166

$1.33 €1.18

19.55%

Banana (1kg)

$1.84 RSD 191

$1.57 €1.39

17.20%

Oranges (1kg)

$1.83 RSD 191

$1.63 €1.45

12.27%

Tomato (1kg)

$3.10 RSD 324

$2.96 €2.63

4.73%

Potato (1kg)

$0.95 RSD 98.8

$0.95 €0.85

Onion (1kg)

$0.72 RSD 75.1

$1.29 €1.15

-44.19%

Lettuce (1 head)

$0.75 RSD 77.8

$1.54 €1.37

-51.30%

Water (1.5 liter bottle)

$0.69 RSD 72.4

$0.95 €0.85

-27.37%

Cigarettes 20 Pack (Marlboro, Camel)

$4.76 RSD 496

$4.00 €3.56

19.00%

Wine (Bottle)

$8.43 RSD 878

$4.37 €3.89

92.91%

Local Beer (0.5 liter bottle)

$0.94 RSD 97.8

$1.28 €1.14

-26.56%

Imported Beer (0.33 liter bottle)

$1.53 RSD 159

$1.74 €1.55

-12.07%

One-way Ticket (Public Transport)

$1.64 €1.46

Public Transport Monthly Pass (Regular Price)

$44.46 €39.55

Taxi Start (Normal Tariff)

$2.99 RSD 312

$2.84 €2.53

5.28%

Taxi (Normal Tariff) (1km)

$1.02 RSD 106

$1.10 €0.97

-7.27%

Taxi 1hour Waiting (Normal Tariff)

$17.54 RSD 1,828

$17.09 €15.20

2.63%

Gasoline (1 liter)

$1.85 RSD 193

$1.72 €1.53

7.56%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.5K RSD 3.2M

$32.3K €28.8K

-5.78%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$23.7K RSD 2.5M

$21.4K €19.0K

10.86%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$219 RSD 22.9K

$136 €121

61.02%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$24.82 RSD 2,588

$13.14 €11.69

88.89%

Internet (50+ Mbps, Unlimited Data)

$35.79 RSD 3,731

$33.88 €30.14

5.64%

Gym Membership (Monthly)

$41.37 RSD 4,313

$56.6 €50.3

-26.87%

Tennis Court (1 Hour on Weekend)

$22.96 RSD 2,394

$11.39 €10.13

101.58%

Cinema Ticket

$8.32 RSD 867

$7.81 €6.94

6.53%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$423 RSD 44.1K

$444 €395

-4.68%

International Primary School, 1 Child (Yearly)

$11.4K RSD 1.2M

$7,024 €6,248

62.55%

Jeans (Levis 501 Or Similar)

$111 RSD 11.6K

$84.3 €75.0

32.07%

Summer Dress (H&M, Zara, etc)

$47.48 RSD 4,950

$33.74 €30.01

40.72%

Sport Shoes (Adidas, Nike)

$116 RSD 12.1K

$72.7 €64.7

59.52%

Men's Leather Business Shoes

$158 RSD 16.4K

$95.8 €85.2

64.68%

1-bedroom Apartment, City Center (Monthly)

$823 RSD 85.8K

$651 €579

26.38%

1-bedroom Apartment, Outside City Center (Monthly)

$560 RSD 58.3K

$399 €355

40.34%

3-bedroom Apartment, City Center (Monthly)

$1,485 RSD 154.8K

$1,257 €1,118

18.14%

3-bedroom Apartment, Outside City Center (Monthly)

$969 RSD 101.1K

$888 €790

9.14%

Buy Apartment in City Center (m2)

$5,489 RSD 572.2K

$3,685 €3,278

48.95%

Buy Apartment Outside City Center (m2)

$3,193 RSD 332.8K

$2,421 €2,153

31.88%

Average Monthly Net Salary (After Tax)

$1,214 RSD 126.5K

$1,031 €917

17.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.61

-7.80%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Belgrade: October 19, 2026

Last update for Herceg Novi: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Belgrade

$560 35.6%

Herceg Novi

$399 31.7% 28.7% $161

Monthly Utilities & Internet

Belgrade

$280 17.8%

Herceg Novi

$183 14.6% 34.5% $97

Groceries & Markets

Belgrade

$243 15.4%

Herceg Novi

$228 18.1% 6.1% $15

Eating Out

Belgrade

$231 14.7%

Herceg Novi

$187 14.8% 19.1% $44

Clothing & Footwear

Belgrade

$195 12.4%

Herceg Novi

$129 10.3% 33.8% $66

Sport & Entertainment

Belgrade

$58 3.7%

Herceg Novi

$72 5.7% 24.4% $14

Getting Around

Belgrade

$8.1 * 0.5%

Herceg Novi

$59 4.7% 634% $51

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $823 in Belgrade versus $651 in Herceg Novi. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 18% higher in Belgrade, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $58.0 in Belgrade versus $36.00 in Herceg Novi. Monthly groceries follow the same trend: $243 vs $228 – making Herceg Novi the more affordable choice for daily food spending.

Good to know

🇷🇸 Belgrade

🇲🇪 Herceg Novi

🕒 Local time

12:51 12:51 PM

Same time as Belgrade

🌤 Weather

👥 Population

1,197,714 Capital

11,059

💱 Currency

Serbian Dinar RSD din

Euro EUR €

📈 Exchange rate

1,000 RSD = 9.59 USD

1,000 RSD = 8.53 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to RSD – Serbian Dinar Converter

🇺🇸 United States Dollar ($)

🇷🇸 Serbian Dinar (din)

Serbian Dinar exchange rates as of October 20, 2026: 1 USD = 104 RSD (1,000 RSD = 9.59 USD). 1 EUR = 117 RSD (1,000 RSD = 8.53 EUR).

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to RSD in detail →

On the map

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Belgrade Herceg Novi 310 km

From you

Belgrade
Herceg Novi

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Belgrade vs Herceg Novi: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,574 in Belgrade, $1,257 in Herceg Novi – roughly 25% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $2,360 per month in Belgrade and $1,886 in Herceg Novi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Herceg Novi, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $58.0 in Belgrade and $36.00 in Herceg Novi. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 6% more in Belgrade, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Herceg Novi, where all-in costs run around $1,257, than in Belgrade at $1,574. In Herceg Novi it covers expenses comfortably, while in Belgrade it requires careful planning or may not stretch far enough.

Families tend to lean toward Herceg Novi – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Herceg Novi. If higher salaries, better infrastructure, or specific career opportunities are the priority, Belgrade makes more sense. Both are solid long-term options with distinct trade-offs.